| MCK latest price $53.7100 (-2.77%) ($53.4900 - $55.0700) on Mon. Mar. 24, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 31 |
Latest Price | $53.7100(-2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MCK advances 0.3% a day on average for past five trading days. |
Weekly Trend | MCK declines -3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MCK advance at 0% a week (0% probability) SPY(54%) XLP(50%) IWM(49%) QQQ(46%) EWG(45%) |
Factors Impacting MCK price | MCK will decline at least -0.895% in a week (0% probabilities). TLT(-24%) SHY(-13%) TIP(-10%) GLD(-1%) LQD(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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